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What is Royalstarz?
RYZ’s staking mechanism is powered by a smart contract hosted on the Tron blockchain. This smart contract mimics a Certificate of Deposit, a product that is traditionally offered by banks that are designed to reward users for leaving funds in an account for a prolonged period of time. This is exactly how staking works with RYZ, only it is controlled by no one and is totally automated via the smart contract hosted on Tron. But beyond these time-based rewards, RYZ also has bonuses built-in to the protocol with a BigPayDay bonus that further rewards users at key prolonged periods of staking. These bonuses are typically huge in size that offer dramatic increases on your holdings. The longer you stake RYZ, and the more you stake, the more you are rewarded. Users can convert TRX into RYZ by using the Adoption Amplifier tool, claim RYZ using Bitcoin holdings with a Claim tool, and also be rewarded by referring other users to the protocol with a Refer tool. These tools encompass the Certificate of Deposit product on a blockchain.
Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.
